OPEC oil price at lowest level in four months

 VIENNA, Nov. 13 (Xinhua) -- Monthly average prices of the Organization of Petroleum¹ Exporting Countries (OPEC) dropped to 105.47 U.S. dollars per barrel in the past month, the Vienna-based cartel said Tuesday.

It was the second consecutive² monthly decline and also the lowest Monthly OPEC Basket Price in four months.

The drop was considered to be impacted by a forecast of weak global oil demand due to the decline of short-term world economic growth.

The Conference Board, a research group headquartered in New York, on Tuesday issued its latest report projecting that the world economy would stand at a slow 3.2 percent for 2012, and slow further to 3.0 percent in 2013.

Growth in developing and emerging economies, which are considered to be influential³ oil consumers, was projected to drop from 5.5 percent in 2012 to 4.7 percent in 2013.

1 petroleum   

n.原油，石油

参考例句：

• The Government of Iran advanced the price of petroleum last week.上星期伊朗政府提高了石油价格。
• The purpose of oil refinery is to refine crude petroleum.炼油厂的主要工作是提炼原油。

2 consecutive   

adj.连续的，联贯的，始终一贯的

参考例句：

• It has rained for four consecutive days.已连续下了四天雨。
• The policy of our Party is consecutive.我党的政策始终如一。

3 influential   

adj.有影响的，有权势的

参考例句：

• He always tries to get in with the most influential people.他总是试图巴结最有影响的人物。
• He is a very influential man in the government.他在政府中是个很有影响的人物。